Earlier this week, DailyTech
reported that were things were looking rosy for the Intel folks in Santa Clara,
California. The company reported that its profits
were up 43 percent on revenues of $10.1 billion USD.

Today, it was AMD's turn to report its Q3 earnings results.
AMD recorded revenue of $1.632 billion USD -- this represented an 18 percent
increase from Q2 2007. However, AMD reported an operating loss of $226 million
USD and a net loss of $396 million USD -- this compares to a $611 million USD net loss for Q1 and a $600 million USD net loss for Q2.

On a more positive note, the introduction of ATI's Radeon HD 2000 series GPUs resulted in a 29 percent increase in graphics
revenue to $252 million USD. AMD also noted that its Radeon HD 2000 series GPUs
are now featured in desktop and notebook systems from Dell, HP, Lenovo and
Toshiba.

AMD still has room for improvement in the form of its new quad-core 65nm Barcelona architecture. The company
launched its Barcelona-based Opteron
server processors in early September with speeds up to 2.0GHz. 2.3GHz models
are in the pipeline for Q4 2007.

Quad-core desktop Phenom 2.2GHz (Phenom 9500) and 2.4GHz
(Phenom 9600) processors will launch late next month,
while a 2.6GHz (Phenom 9700) processor will be ready for December. AMD will
later tackle the high-end desktop market with the Phenom FX-82 during the first
half of 2008.

AMD also threw a bit of a curve ball with the announcement
of a triple-core
Phenom processor family. The triple-core processors logically fit between
AMD's dual-core and quad-core offerings and will bring "true multi-core
technology to a broader audience," according to the company.

The next few months won't be easy for AMD, however. Although
it has a new CPU architecture on tap, Intel is not standing still. Intel is
always one step ahead of AMD when it comes to process technology and its 45nm Penryn-based Xeon processors will launch
November 12, while its Penryn-based desktop processors should be
available before the end of the year.